ENVIRONMENTAL COST AND ITS IMPLICATION ON ENVIRONMENTAL REPUTATION IN NIGERIA: A STUDY OF CEMENT INDUSTRY

Abstract

Many manufacturing firms behave in a manner that suggests that they can achieve corporate goal even if environmental and social responsibility are trampled upon. This leads to environmental degradation. The main objective of the study is to examine environmental cost and its implication on environmental reputation of cement manufacturing firms. A survey design was used for the study. Questionnaire was administered to generate data. Researcher employed purposive sampling technique in selecting the sample frame. The study focus on cement Industry. The population of the study consists of Accountants and Distributors Cement products. The data collected from the questionnaire administered and hypotheses formulated have been statistically tested with the aid of SPSS 20.0 software. The statistical model chosen for the analysis of data is linear regression analysis and analysis of variance [ANOVA]. The study discovered that cement manufacturing firms do comply with environmental law and this has saved the firm from much environmental litigation. The result shows that the product carried by the firm’s truck is very heavy. This trucks destroyed roads that they are plying regularly. We recommend that government should make law that will ensure the cement manufacturing firms contribute to building roads in the country